Abbreviated Company Accounts - LANDMARK CAR COMPANY (LONDON) LTD

08431192 LANDMARK CAR COMPANY (LONDON) LTD 2016-03-31 false 2015-04-01 2016-03-31 true 08431192 2015-04-01 2016-03-31 08431192 2016-03-31 08431192 2015-03-31 08431192 uk-gaap-cd-bus:Director1 2015-04-01 2016-03-31 08431192 uk-gaap-cd-bus:Director2 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-04-01 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2016-03-31 uk-gaap-cd-bus:OrdinaryShareClass1 2015-03-31 iso4217:GBP shares

Registered Number 08431192

LANDMARK CAR COMPANY (LONDON) LTD

Abbreviated Accounts

31 March 2016

LANDMARK CAR COMPANY (LONDON) LTD Registered Number 08431192

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Called up share capital not paid		-	-
Fixed assets
Tangible assets	2	922	1,085
		922	1,085
Current assets
Debtors		124,210	1,450
Cash at bank and in hand		2,227	247,522
		126,437	248,972
Creditors: amounts falling due within one year		(120,145)	(240,998)
Net current assets (liabilities)		6,292	7,974
Total assets less current liabilities		7,214	9,059
Total net assets (liabilities)		7,214	9,059
Capital and reserves
Called up share capital	3	100	100
Profit and loss account		7,114	8,959
Shareholders' funds		7,214	9,059

For the year ending 31 March 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 19 December 2016

And signed on their behalf by:
Jeffrey Pattinson, Director

LANDMARK CAR COMPANY (LONDON) LTD Registered Number 08431192

Notes to the Abbreviated Accounts for the period ended 31 March 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
The turnover shown in the profit and loss account represents total sales during the period, exclusive of Value Added Tax

Tangible assets depreciation policy
Fixed assets - All fixed assets are initially recorded at cost.

Depreciation - Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Office Equipment - 15% on reducing balance

Other accounting policies
Transactions in foreign currency are translated into £ sterling at the rates of exchange prevailing on the transaction date. Assets and liabilities in foreign currencies are translated into £ sterling at the rates of exchange prevailing at the balance sheet date. Exchange differences are taken into account in arriving at the operating profits.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,438
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,438
Depreciation
At 1 April 2015	353
Charge for the year	163
On disposals	-
At 31 March 2016	516
Net book values
At 31 March 2016	922
At 31 March 2015	1,085

3Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
100 Ordinary shares of £1 each	100	100